The tax year for sole proprietor businesses like massage therapy practices is:

A) The calendar year beginning January 1 and ending December 31
B) The fiscal year beginning February 1 and ending March 31
C) Whatever you set up with the federal government
D) From the first day you take your first client to one year from that date

Answer: A

Health Professions

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Which of the following are true regarding a direct-acting cylinder valve? I. It acts directly on the valve seat. II. Turning the valve stem moves a diaphragm. III. It is used on large cylinders (H or K). IV. It is used on small cylinders (E)

A) I and III B) I and IV C) II and III D) II and IV

Health Professions

Services supervised by the physician but provided by nonphysician practitioners are billed under

A. incident-to rules. B. Medicare Part C. C. clinical lab rules. D. Medicare Part A.

Health Professions